MOSCOW TIME: 18.11.2018 15:18:56


Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018

Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018

Russia will boost domestic consumption of aluminum by 300,000 tonnes this year.

"We have about one million [tonnes of aluminum consumed in Russia in 2017 - TASS]. 300,000 tonnes will be added this year," Minister of Industry and Trade Denis Manturov said.

The domestic consumption volume can grow to 2.5 mln tonnes in five years, the minister added.

"We proceeded from and prepared the range of products we are manufacturing. Therefore, colleagues - consumers will always have an option: either to buy expensive but imported machines or to buy cheaper Russian ones," the minister said.

Following introduction of steel (25%) and aluminum (10%) duties by the United States in March 2018, Russia introduced additional import duties on US road construction machinery, oil and gas equipment and optic fiber with the rate from 25 to 40%


Russia aluminum

Share this:

Share this Share this Share this


13.11.2018 Russia Increases vodka export

Russia increased vodka exports by 8.3% in the first nine months of 2018.

13.11.2018 Russian wheat to Iraq

Iraq needs an annual wheat supply of between 4.5 million and five million tons and has an import gap of around two million tons a year.

25.10.2018 Alaska Pollack From Primorye Territory Got More Expensive

According to the Federal Custom Service of Russia, from January to July, 2018 Primorye Territory's export value of frozen Alaska pollack has increased by 12% compared to th...


06.06.2019 00:38:00 St. Petersburg International Economic Forum 2019

June 6-8, 2019 Russia (St.Petersburg)

28.05.2019 00:31:00 KAZINTERPOWER 2019

May 28-30, 2019 Razakhstan (Pavlodar)


November 2-23, 2018 Russia (Novosibirsk)


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education

03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners